Note 1 - Basis of Presentation

9 Months Ended

Sep. 30, 2017

Notes to Financial Statements

Basis of Accounting [Text Block]

Note

1

– BASIS OF PRESENTATION

The accompanying balance sheet as of

December

 

31,

2016,

which has been derived from audited financial statements, the unaudited interim financial statements and these notes, have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission. Accordingly, certain disclosures normally included in financial statements prepared in accordance with the accounting principles generally accepted in the United States of America (“GAAP”) have been omitted. The accompanying financial statements and notes thereto should be read in conjunction with the financial statements and notes thereto included in the Company’s Annual Report on Form

10

-K for the fiscal year ended

December 

31,

2016

as filed with the Securities and Exchange Commission (hereinafter, the

“2016

Form

10

-K”).

In the opinion of Management, the accompanying financial statements reflect all adjustments (consisting only of normal recurring accruals)

, which are necessary for a fair statement of the results of the interim periods presented. The results of operations for the current interim periods are

not

necessarily indicative of the operating results for the full year.